Freee K.K. issues restricted shares to directors and employees

Freee K.K. resolved to issue 29,621 common shares as new restricted shares, with a pay-in date of October 24, 2025. The issue price is JPY 3,765 per share, totaling JPY 111,523,065. These shares will be allocated to two directors, three audit and supervisory committee members, two managing directors, and two employees.

The issuance is part of a restricted share compensation plan implemented on August 30, 2021, designed to encourage sustainable growth and align the interests of directors and employees with shareholders. The plan was approved by shareholders on September 29, 2021, and again on September 26, 2025.

The shares are subject to a transfer restriction period, during which allottees cannot transfer, pledge, or dispose of the allocated shares. The restriction will be lifted upon completion of continuous service for a period defined by the board of directors. The pay-in amount reflects the closing price of the company’s common shares on the Tokyo Stock Exchange on September 25, 2025.